According to the Zhitong Finance App, Des Holdings (08437) announced results for the three months ended March 31, 2023. The group achieved revenue of SGD 309,000 during the period, a year-on-year decrease of 59.29%; loss of SGD 1,827 million during the period, a year-on-year decrease of 12.04%; and a loss of 0.15 Singapore points per share.
According to the announcement, the company's main business direction will shift to dental implant business. For this reason, the company has formulated business development plans and operating goals for the next 2 years in 2022, and dental service revenue accounts for about 85% of total revenue in the first quarter of 2023.